Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 27, 1983, Winnipeg, Manitoba Second highest Winnipeg despite average yields if the major Western Field More aedes planted will result Iff the second highest output of Grain on United Grain growers says in its first production report of the the Prairie wide Grain cooperative forecast production of the six major would total million to Well Down from last years record million tonnes and marginally Imore than the previous second Best output of million tonnes in i the wheat Harvest was forecast at million nearly two million tonnes less than the 1982 record of million although planted area was up almost million acres this the difference is in Esti mated at bushels an sharply from last the report forecast lower production in All crops except canola last year in Oats million tonnes 3 million Barley million tonnes million Rye 000 tonnes flaxseed tonnes canola million tonnes million Grain growers information manager John Clark said average i yields of All grains in 1983 Are expected to be Well Down from last he listed them in bushels per acre last in wheat Oats Barley Rye flaxseed canola he said Manitoba was expected to produce a total of million tonnes of the six major crops Down from million last Saskatchewan would be Down to million1 tonnes from million tonnes and Alberta would de Cline the least to about 15 million tonnes from million tonnes the previous incr the japanese government will unveil a package of measures next month aimed Ait increasing imports and Stem Ming growing complaints about its Trade Industry minister so Suke Uno said recovery in the world especially in the United has boosted japanese exports but the value of imports is largely due to lower Oil economists estimate Japan will Chalk up a Trade surplus of billion this possibly rising to next the and West european tries say Japan must buy More of their goods or ant japanese sentiment could Lead to legislation to Stop the flow of japanese sometime itt september we will be in a position to announce new Mea Uno but he gave no non financially troubled White farm equipment Canada is losing a number of key says the company Vic president of Engineer Wolfgang Scholich said he will begin a new Job monday and he believes six other top Laid off earlier by the Brantford company also have found new i really dont intend to come said scholier in a Telephone i just dont know where is going at the present Scholich headed the team which developed Whites advanced Axial flow which Federal government officials Call the company great the company went into receivership in june creditors called million in Loans at the urging of the Federal which had provided guarantees along with Nan Mexico signed agreements with International Banks to restructure billion in debts capping a year of negotiations that have brought the country Back from the Brink of the part of an Overall agreement out some billion of Public sector debt falling due Between and were also being signed by officials representing about 300 Jesus Silva mexican finance minister paid tribute during the sign ing to Banks who have worked on Mexico financing providing new Loans and reaching the Complex the signing took place one year and six Days after Mexico first asked to delay debt repayments to by Jack Francis the beef business is suffering from a Market glut with retail coolers full and nothing says Mani Toba beef commission marketing manager John but Manitoba int finishing enough cattle to Supply its own its a twist tried gored in the production Side by poor profit the provinces co calf farm ers just Arent turning out As Many head of cattle As they used he said exports from offshore countries Are increasing a world sur plus that has been developing for a we Are not insulated from International markets in today glob Al Village he Kruizenga said one Winnipeg Packer has Cut Back his kill by 50 per cent Over three Days to Adust operations to slow movement of meat in the super he believes critics of the new provincial marketing system Overlook the fact that Canadian per capita con sumption of beef has fallen from a High of 117 pounds in the Early 1970s to under 70 diet fads and Price Competition from other mainly Chicken and have eaten into beef in the economic Consumers in Many coun tries reduced meat at the same time fading markets business and High interest rates discouraged Manitoba Basic producers to the extent of reducing Herd siae drastically in recent about 55 per cent of the cattle processed weekly on recent average in Winni Peg packing came in from Saskatchewan from 1976 to 1982 in Manitoba we lost about 35 per cent of our the source of the calves for the Slaughter also Many of the provinces where calves Are finished to Market weight have been closing they Are no longer profitable with both Farmers and vectors pulling capital out of cattle the feedlots have a special problem that has nothing to do with the marketing Kruizenga some of the larger lots were set up to finish calves Tor investors trying to spread their capital around lawyers and other professional this is obvious from ads placed by feedlots in medical Jour for seeking people to place calves with them As an invest but when profits so did this source of the packing houses also have their own special problems in a cos Price squeeze that is not caused by any shortage of Manitoba cattle Kruizenga there Are smaller packers doing Well but a antiquated Plant that requires two men to do the work of one in newer operations has to rationalize to that not to say volume cant be but As it stands it cant put through enough to cover the High Kruizenga said the provinces new marketing Agency and stabilization program were designed to help Stabi Lize the whole Industry from primary producer to the feedlots Are not in government stabilization which Are now running at More than a head net subsidy after pro Ducer premiums Are deducted Frew deficiency but the lots can still Benefit from More feed Fig activity if the primary co calf producers use them to finish their calves instead of Selling other provinces arid the which Benefit from the value added and spinoff he Manitoba produces half a million calves a but More than half Are finished we want to keep an extra calves at the stabilization ments Are to encourage cattlemen to beef up their herds and finish More cattle within the but not aimed against if Farmers cant afford to invest in their own finishing they can use the existing feedlots and take advantage of their acknowledged expertise produce Superior meat animals ready for the Slaughter Kruizenga said the immediate tar get of the Lightyear stabilization program was to provide a big in crease in finished cattle so that the flow from Saskatchewan will Dimin ish to about 25 to 30 per cent of the local broadcasting even poor prospering Toronto up broadcasting companies Are prospering to such a degree that even the poorest performer among the publicly traded firms in vites envy from Many other Indus the Toronto Stock Exchange composite Index has advanced about 25 per cent since the beginning of the year and share prices of five of the nine Public a traded broadcasters have risen in the same period by even More than with two others up by 20 per the Royal commission on newspapers in its report two years ago identified broadcasting and newspaper pub Lishing As the two most profitable industries in with leadership alternating Between the the latest financial figures indicate broadcasters Are probably in the Lead although publishers have posted a Strong recovery after a weak global communications and Selkirk communications both of Are two major broadcasting companies that illustrate the turn global reported a profit for the first nine months of fiscal up from million in the same period of and Selkirk profited by in the first six months of the a considerable improvement Over the loss in the first six months of at the end of the third Quarter which comes at May 31 for most Broad casters the financial results of most appeared to vary according to invest ments in Western Canada and the balance Between radio and television for Maclean Hunter of Toronto mentioned involvement in pics debentures guaranteed investment certificates Rales subject to change 275 Portage ave Manitoba 204 9471543 1350 main is Manitoba 255 Portage ave Manitoba 1181 Pembina Hwy Manitoba fast cd must 11 2 years 3 years Grenada gets loan Washington Reuter the International monetary fund if approved a loan for the leftist government of Grenada despite vigorous opposition from the Reagan adm Nistra an official announcement by the if made no mention of the but government sources said Washington opposed the loan to the Caribbean Island nation on economic the has about 20 per cent of the voting Power in the if but this is not enough to veto a loan unless it persuades other countries to go Western Canadian markets when it reported a drop in operating profit for its broadcasting division in the six months ended june and Moffat communications of Winnipeg reported its results were de pressed by its investment in a Hamil ton radio but Michel analyst with Alfred Bunting and of says even for a Western radio station the worst is Over and the worst want too bad for he said television broadcasters have All done Well compared with publish that largely because broadcasters Cater to National who provide the Revenue base for radio stations and other differences in results reflect corporate results for to Ronto based Baton broadcasting and Tel Metropole of Montreal were boosted by booming television stations while the Strong Rise in share prices of Moffat reflected strength in Cable even As Broad casting results the fact that most broadcasters Are relatively Deb free has also aided financial chum of Toronto and Baton have no debt at All while Lon term debt is Only 11 per telemetry poles Standard sacrificed its Deb free position to Purchase a Cable system in the los Angeles area a move the conic a by says will increase Lon term prof8 Perreault says the out look for fiscal 1984 will not be a Bonanza but it shows another year Oft sue analyst with Mcleod Young Weir of Toronto says adj ver Tising budgets will improve As the Economy improves and broadcasters can look Forward to fiscal i radio will probably lag behind strengthening in television time sales and newspaper lineage gains she Rex Mccafferty of Dominion Securi ties Ames of Toronto said television stations will Benefit from both the cyclical upturn and widening margins because and Revenue is rising faster than the Cost of acquiring Mutual funds 1861 Portage ave Manitoba 921 Rosse rave Manitoba 204 7272481 first City Trust co first City mortgage co members Canada Deposit insurance corporation Inland Trust savings 1054 Portage Avenue free parking 7867801 member Canada Deposit insurance corporation i unique Hitech marketing with Home software join thousands of authorized Telp Ulet distributors across Canada in an Hitech multilevel marketing program and build your own Independent top Quality Nome cassettes and computer desks Are some of the products which will give you direct and indirect earrings through the Tel Puter be your own work full or tomorrows opportunities Are yours today Call now Lor More 453347o accounting in the Law office hourly rates Good reference Frances Arnott 505139 Roslyn r3l og7 4752445 Toronto up recent prices of investment funds sup plied by the investment funds Institute of Canada they Are the net asset value per share or unit naps last circulated by the in accordance with its pricing prac Tice As contained in the prospectus of the sales comparison shopping for a better term Deposit rate your search is compare for yourself mercantile priority term Deposit 8 m Toronto Dominion Bank Bank of Nova Scotia Bank of Montreal Royal Bank Canadian Imperial Bank of Commerce annual rates of interest fur 30 Day term deposits in effect on August interest paid at Kates subject to Chung pc Withful the mercantile Bank we pay you More 305 Broadway Avenue 804 9449355 a Canadian bartered Bank established in 1953 member Canada Deposit insurance slash heating costs use waste for fuel Wood Straw sawdust paper and waste burning mechanical contractors 7744481 941d Erin contractors a engineers members age grow amur Goth can Gas Egv can Sec Goth can trusted corp invest corp inv St Goth equity Hitech Japan a emf option equity special Bollon Tref limit Yoda Cumuli a income cd Van Ternate Knyfd yid re sour Taurus Calvin Bullock or acro fund Banner fund if if income Central group compound dividend fund 4000 Yontl Goth Nat res Goth a North egy Revenue Goth Vun Vest Cha or Gold fund vol Trust coated group Dolphin qty Dolphin mid Cundill group Security value dynamic group in dam can in dam us and in fund and in income Eaton Bay group com with dividend growth a income Van Ternate mortgage Yolk Long guaranty Trust or in lev equity in lev income in mortgage guardian group 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Indus Seq Indus Goth Indus income Indus pens Mack Elv Mack mtg inc Marl time Seq Marlborough omd growth Nna Trusco new group Canadian equity new Trust Seq Pemberton or Spac Lilc div pad Lac re Spac Lilc us pin group Bond a Canadian div in com 12172 fund pooled by resp pm manat it a pension Xanadu cd prel it Revenue or Yamer can a Canadian Fonds h Rel rate Putnm hath Sci san Rovest Trade United group acc Mula acc Mula r american cont Mort Security venture venture re Western Goth funds no available id Canada Dreyfus grew Yunc yen Vernall fid trend Keystone or Cus k2 Cus so Cus so Lex Srch Manhan one we is Oppe Nimr Putnam tech fantastic selection rx7 the sports car everyone is raving about can be yours see us today it drive a dream cars International 9it Portage Avenue sales parts service 18 year Over 120 Freo Gas weekly or monthly Gladstone rent a car 7754545 970 Portage featuring a Luton and pm greater Winnipeg Gas company common dividend 65 notice is hereby Given that a dividend of sixty eight cents per share has been declared on the issued no Par value common shares of the company payable september 1983 to shareholders of record september by order of the Board Wellman and Manitoba protrudes industries Cebu inn i Sitt Mitt in Industrial building Man renovations in appointment four year management development program Tup Canadian Institute of management in cooperation with the University of Manitoba presents a certificate Coursi in management and administration for qualified employees in manufacturing wholesaling transportation service industries retailing Public service subjects 1 management principles and Manageri Al 2 Canadian business managerial process and organizational 3 option courses list available upon request 4 financial policy and adm Nistra for course information and phone 4749921 professor Giorge Smith continuing education division the University of Manitoba John Guppy the appointment of John Guppy As Market manager Prai Rie has been announced by fron regional manager marketing for in Guppy is a native of Winnipeg and is return ing Home after Many postings across the in system in dec costing and prior to Guppy served As regional Man Ager sales and Atlantic Guppy will be responsible for managing and directing in rails Potash group with emphasis on providing qual Ity transportation ser vices for the Potash Industry and marketing strategies aimed at both the Domestic and Export Potash ;